Reinsurance Agreement’s Arbitration Clause Is ‘Vague,’ ‘Ambiguous,’ Insurer Says

Mealey's (May 15, 2019, 2:07 PM EDT) -- SAN JUAN, Puerto Rico — An insurer argues in a May 10 motion in a Puerto Rico federal court that a reinsurer’s motion to dismiss its dispute regarding hurricane losses should be denied because the reinsurance agreement’s arbitration clause “is vague and ambiguous” (Integrand Assurance Co. v. Everest Reinsurance Co., et al., No. 19-01111, D. Puerto Rico)....